Cycling-Contador wins third Tour de France title

July 25 (Reuters) – Spaniard Alberto Contador claimed his third Tour de France title after finishing safely in the bunch in the final stage won by Briton Mark Cavendish on Sunday.

Contador, winner in 2007 and 2009, beat Luxembourg’s Andy Schleck by 39 seconds.

Russian Denis Menchov finished third overall.

(Reporting by Julien Pretot, editing by Justin Palmer)

Northland Resources S.A.: New ISIN, CINS Numbers Effective Today

Luxembourg, June 14, 2010: Northland Resources S.A. (“Northland” or “the Company”)
announces that further to the Company’s press release dated June 9, 2010, the common
shares of the Company will commence trading with new ISIN and CINS as of today, Monday,
June 14, 2010. The numbers are as follows:

ISIN: LU0488722801
Common Code: 048872280
CUSIP (CINS): L69683 107

For further information, please contact:

Deborah Craig, Corporate Secretary, tel. +46 70 638 4300

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian
Securities Trading Act)

HUG#1423520

UK Kaupthing probe looks at Deutsche – sources

June 7 (Reuters) – Deutsche Bank (DBKGn.DE) has become embroiled in a UK probe into market manipulation at the time of the collapse of Icelandic bank Kaupthing, sources familiar with the matter said. Britain’s Serious Fraud Office (SFO) said in December it was investigating suspected offences against the Fraud Act prior to Kaupthing’s demise in October 2008.

Financials

The suspicion was that Kaupthing tried to prop up the price of its debt through a number of investment vehicles that the bank was financing itself, the sources said.

“Generally speaking, we’re looking at potential market manipulation,” one of the sources said.

The vehicles were buying Credit Default Swaps (CDS) — instruments used to insure Kaupthing’s debt against default — sending a positive signal to markets in the hope that Kaupthing’s debt prices would rise.

Kaupthing was effectively buying the CDS itself, because it was financing the investment through a loan.

“We are cooperating with the authorities in seeking to establish the facts in this matter,” Deutsche Bank said when asked about the story, which was first reported by UK newspaper The Guardian on Monday.

The German bank declined to provide further detail, while the SFO declined to comment altogether.

Deutsche issued credit-linked notes on behalf of the investment vehicles set up by Kaupthing, one of the sources said. But that did not mean it would necessarily have known about the way the vehicles were financed.

Last month, an Icelandic court ordered the former head of Kaupthing, Hreidar Sigurdsson, to be held for 12 days pending further investigation for suspected embezzlement, market manipulation and forgery. [ID:nLDE6460Q8]

Another former Kaupthing executive who now runs a privately held bank in Luxembourg, was also arrested. (Reporting by Douwe Miedema; Editing by Louise Heavens)

Covidien annonce certaines activités de gestion de portefeuille

* Accord définitif de vente de la gamme de produits de thérapie du sommeil
* Finalisation de la vente de ses radiopharmaceutiques aux États-Unis

DUBLIN–(Business Wire)–
Covidien (NYSE: COV), fournisseur mondial de premier plan de produits de soins
de santé, a annoncé aujourd’hui la signature d’un accord définitif de vente de
ses produits de ventilation spontanée en pression positive continue (CPAP) Sleep
Therapy et Bi-level à PH Invest, société privée du Luxembourg.

PH Invest acquerra les produits CPAP et Bi-level, y compris l’unité de
production de Nancy, en France, ainsi que toutes les activités commerciales
connexes en Europe. Plusieurs produits, vendus sous les marques GoodKnight et
Sandman, sont couverts par cet accord. En sont cependant exclus les produits
d’aide au sommeil vendus et commercialisés sous les noms de marque Adam, Breeze
et Dreamfit, qui continueront d’être vendus par Covidien. Les conditions
financières de cette transaction n’ont pas été révélées.

Cette transaction, qui est sujette aux conditions de Closing habituelles,
devrait être finalisée au cours des trois prochains mois et ne devrait pas avoir
un effet important sur le bénéfice d’exploitation ou le revenu par action pour
2010 ou 2011.

En outre, Covidien a finalisé la vente annoncée antérieurement de ses
radiopharmaceutiques aux États-Unis à Triad Isotopes, Inc. d’Orlando, en
Floride. Les conditions financières de cette transaction n’ont pas été révélées.

Les ventes nettes du secteur de la radiopharmacie de Covidien se sont élevées à
91 millions de dollars au premier semestre de l’exercice fiscal 2010. Cette
transaction ne devrait pas avoir un effet important sur le bénéfice
d’exploitation ou le revenu par action de Covidien au cours de l’exercice fiscal
2010 ou 2011.

La décision de se départir de ces gammes de produits a été prise à la suite d’un
examen et d’une évaluation approfondis d’un certain nombre d’options
stratégiques. Elle s’inscrit dans la stratégie de Covidien visant à rationaliser
son portefeuille et à réaffecter les ressources vers ses branches d’activité en
plus forte croissance et à marges plus élevées où la société possède, ou peut
posséder, un avantage compétitif sur le plan mondial.

À PROPOS DE COVIDIEN

Covidien est une société internationale de premier rang spécialisée dans les
soins de santé. Elle crée des solutions médicales novatrices en vue d’améliorer
l’évolution de l’état de santé des patients et apporte de la valeur par son
leadership et son excellence cliniques. Covidien fabrique, distribue et assure
le service après-vente d’une gamme variée de lignes de produits leaders dans
trois secteurs : dispositifs médicaux, produits pharmaceutiques et fournitures
médicales. Avec un chiffre d’affaires de 10,7 milliards de dollars en 2009,
Covidien emploie plus de 42 000 collaborateurs dans 60 pays, et commercialise
ses produits dans plus de 140 pays. Consultez le site www.covidien.com pour en
savoir davantage sur notre société.

DÉCLARATIONS PROSPECTIVES

Toute déclaration contenue dans le présent communiqué de presse qui ne décrit
pas des faits historiques peut constituer une déclaration prospective aux termes
du Private Securities Litigation Reform Act de 1995. Les déclarations
prospectives contenues dans le présent communiqué sont basées sur les croyances
et les attentes actuelles de la société mais sont sujettes à un certain nombre
de risques, d’incertitudes et de changements des circonstances, ce qui peut
entraîner un écart entre les résultats actuels ou les actions réelles de la
société et ce qui est exprimé ou sous-entendu dans ces déclarations. Les
facteurs susceptibles d’entraîner un écart entre les résultats futurs réels et
les attentes actuelles de la société comprennent, sans toutefois s’y limiter, la
possibilité que la transaction portant sur la thérapie du sommeil ne soit pas
finalisée ou que le Closing en soit retardé, la capacité de la société à lancer
et à commercialiser efficacement de nouveaux produits ou à suivre le rythme des
avancées technologiques, les pratiques de remboursement d’un petit nombre
d’importants assureurs publics et privés, les efforts de maîtrise des coûts des
clients, groupes d’achat, tiers payeurs et organisations gouvernementales, les
litiges portant sur les droits de propriété intellectuelle, la réglementation
complexe et coûteuse, y compris les réglementations sur la fraude et les abus
sur les soins de santé, les problèmes ou les perturbations survenues dans la
fabrication ou dans la chaîne d’approvisionnement, la hausse des coûts des
services publics, les rappels ou les alertes de sécurité et la publicité
négative concernant Covidien ou les produits de la société, les pertes de
responsabilité produit et les autres responsabilités en cas de litige, y compris
les litiges liés à Tyco, la fermeture de certaines activités ou lignes de
produits, la capacité de la société à mettre en œuvre les acquisitions
stratégiques, les investissements ou les alliances avec d’autres compagnies et
entreprises, la concurrence, les risques inhérents à l’activité commerciale hors
des États-Unis, les taux de change, ou les responsabilités environnementales
potentielles. Ces facteurs, et d’autres, sont identifiés et décrits en détail
dans le rapport annuel de la société déposé auprès de la SEC. La société rejette
toute obligation de mettre à jour ces déclarations prospectives, à l’exception
des cas exigés par la loi.

Le texte du communiqué issu d`une traduction ne doit d`aucune manière être
considéré comme officiel. La seule version du communiqué qui fasse foi est celle
du communiqué dans sa langue d`origine. La traduction devra toujours être
confrontée au texte source, qui fera jurisprudence.

Covidien
Eric Kraus, 508-261-8305
Premier Vice-président
Communications
eric.kraus@covidien.com
ou
Bruce Farmer, 508-452-4372
Vice-président
Relations publiques
bruce.farmer@covidien.com
ou
Coleman Lannum, CFA, 508-452-4343
Vice-président
Relations avec les investisseurs
cole.lannum@covidien.com
ou
Brian Nameth, 508-452-4363
Directeur
Relations avec les investisseurs
brian.nameth@covidien.com

Copyright Business Wire 2010

European Central Bank interest rates remain unchange

The decision was taken at today`s meeting, held in Luxembourg of European Central Bank (ECB)’ s governing council decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 1%, 1.75% and 0.25% respectively.

EU calls on Iran to respond to US overtures

Luxembourg – European Union foreign ministers Monday called on Iran to respond positively to the United States’ recent diplomatic overtures and help find a negotiated solution to the nuclear standoff. “The EU warmly supports the new direction of US policy towards Iran, which opens a window of opportunity for negotiations on all aspects of Iran’s nuclear programme,” ministers said in a joint statement issued during talks in Luxembourg.

“The EU calls upon Iran to seize this opportunity to engage seriously with the international community in a spirit of mutual respect,” ministers said.

Iranian President Mahmoud Ahmadinejad has so far offered only tepid responses to US President Barack Obama’s calls for dialogue, and the EU’s top diplomats warned Monday that relations between Iran and their 27-member bloc would depend on Tehran engaging “seriously with the international community.”

Iran is suspected of trying to equip itself with nuclear weapons through a uranium enrichment programme which Ahmadinejad insists is only for civilian use.

Mirek Topolanek, the outgoing prime minister of the Czech Republic, recently accused the EU of “underestimating” Iran’s nuclear threat.

EU foreign ministers responded to Topolanek indirectly on Monday by insisting that “Iran’s nuclear programme remains a matter of grave concern for the international community.”

The Czech Republic currently holds the EU’s rotating presidency, but Topolanek’s government was toppled by a no-confidence vote last month, and a caretaker government is now due to take office in early May. (dpa)

Worried’ EU to send fact-finding mission to Ukraine

Luxembourg – The European Union has “every reason to be worried” about Ukraine’s political deadlock and economic crisis, EU foreign ministers meeting in Luxembourg said Monday. The EU is to organize a fact-finding mission to Ukraine aimed at establishing how the EU can help the country sliding further into the abyss, German Foreign Minister Frank-Walter Steinmeier told journalists after talks with EU counterparts.

“It is timely to explore how we can best assist the country in tackling its current difficulties,” he wrote in a joint letter with his Polish counterpart, Radek Sikorski.

Sweden’s influential foreign minister, former premier Carl Bildt, said that the EU was deeply concerned by the ongoing feud between Ukraine’s president and prime minister, which has blocked the country’s bid to bring in reforms demanded by the International Monetary Fund in return for a massive bail-out.

“There’s every reason to be worried: they have a very major economic crisis … On top of that, we have got the political divisions in the country,” he said.

The country’s inability to agree on IMF-mandated reforms is “more than regrettable, that is bordering on the dangerous for the country,” he said.

The fact-finding mission would be put together by the EU’s top diplomat, Javier Solana, in collaboration with the Ukrainian government, Steinmeier said.

Ukraine is one of six former-Soviet states which the EU has invited to join its “Eastern Partnership”, a cooperation group which will be launched at a summit in Prague on May 7.

Ahead of the launch, concerns in Europe have grown over the threat of instability in Ukraine and Moldova, the state of democracy in Belarus and unresolved conflicts in Georgia, Armenia and Azerbaijan.

Bildt said that those problems make the partnership “more needed than ever.”

“I don’t think anyone (in the EU) is under the illusion that we are entering into relations with a couple of Switzerlands,” he said. (dpa)

Slovenia resists EU pressure over Croatia membership

Luxembourg – Slovenia resisted European Union pressure on Monday to give immediate backing to a plan aimed at easing Croatia’s EU membership path, officials at a meeting of EU foreign ministers said.

Slovenia has been blocking Croatia’s EU bid in a row over the two neighbours’ maritime border.

Last week EU Enlargement Commissioner Olli Rehn proposed a compromise which would see the two countries nominate five judges tasked with solving the problem. Croatia and many EU member states welcomed the proposal.

EU foreign ministers gathered on Monday in Luxembourg to put pressure on both sides to agree to the compromise, according to Czech Foreign Minister Karel Schwarzenberg, who chaired the meeting.

“It depends on the two of them. We had a talk together, they know the conditions, they have to accept the mediation offer, if they do then there will be progress,” he said as he arrived.

“There is pressure on both of them, there won’t be on one side alone,” he said.

But Slovenia’s foreign minister, Samuel Zbogar, said that his country would have to make an in-depth analysis of the proposal before it was ready to comment on it, according to diplomats close to the negotiations.

He also pointed out that Monday is the day on which Slovenia celebrates the beginning of its resistance, as part of the then Yugoslavia, to Nazi occupation in 1941. (dpa)

EU to prolong Myanmar sanctions, diplomats say

EU to prolong Myanmar sanctions, diplomats sayBrussels – The European Union is set to extend the bloc’s arms embargo, trade restrictions and visa bans on Myanmar and its leaders until April 2010, diplomats in Brussels said Friday.

EU foreign ministers are set to discuss the situation in Myanmar at a meeting in Luxembourg on Monday. Diplomatic sources say that they are likely to prolong the bloc’s sanctions for a year in protest at the Myanmar government’s crackdown on pro-democracy forces.

The EU’s sanctions include an arms embargo, restrictions on investment and non-humanitarian aid, asset freezes and visa bans on over 500 regime figures and their relatives, and trade and investment bans on over 80 businesses linked to the regime.

Officials in Brussels said that the bloc would consider strengthening the sanctions if the Myanmar regime does not improve its ties with the pro-democracy movement, but could be willing to ease it if the situation on the ground improved. (dpa)

EU to hold emergency meetings over swine flu outbreak

Luxembourg/Brussels – The European Union was gearing up on Monday for a series of emergency meetings on the worldwide swine flu outbreak amidst fears of a global pandemic. EU Health Commissioner Androulla Vassiliou has asked for EU health ministers to hold crisis talks on the issue “as soon as possible,” officials in her office said.

The commissioner herself is set to travel to Luxembourg on Monday to give an emergency briefing on the issue to EU foreign ministers, who are holding a scheduled meeting there, diplomats said.

But EU foreign ministers warned their citizens against panic, saying that it was too early to say how the situation could develop.

“Let’s wait until the authorities, those who really know, have their evaluation of the situation. I don’t think we should have undue worries until we know what’s really happening,” Swedish Foreign Minister Carl Bildt said. (dpa)

EU split over upgraded Israel relationship

Luxembourg – The European Union faced an embarrassing split on Monday over the question of whether or not to upgrade the bloc’s relationship with Israel, as officials from the bloc’s political leadership and executive traded accusations. The row pits the EU’s foreign affairs commissioner, Benita Ferrero-Waldner, against the current head of the council of EU member states, outgoing Czech Prime Minister Mirek Topolanek.

Topolanek “does not know the council’s conclusions. He should read the council conclusions,” Ferrero-Waldner told journalists ahead of a meeting with EU foreign ministers in Luxembourg on Monday.

A year ago, Israel asked the EU to upgrade their relationship by boosting ties in areas such as trade and research. EU member states approved the request in June.

But Israel’s Gaza offensive, its continued construction of settlements in formerly Palestinian areas and the equivocal comments by its new government on the two-state solution have led to calls for caution in many European capitals.

On Thursday, Ferrero-Waldner said that “we do not believe that the time is right to go beyond the current level of relations: too much remains unclear at this current point in time.”

She pointed out that EU member states concluded in December that the upgrade can only be conceived “in the context of Israeli-Palestinian conflict.”

But on Sunday, Topolanek told the Ha’aretz newspaper that he was “strongly critical” of the commissioner’s “really hasty” comment.

The decision whether to strengthen ties between the EU and Israel is “a political decision to be taken by the council (of EU member states). I’m still president of the council, and I should know something about it,” he said.(dpa)

DIARY – Today in Belgium/Luxembourg – April 20, 2009

Reuters publishes a Western European company diary covering earnings, shareholder meetings, news conferences and analyst meetings. Click on [WEU/EQUITY] or type in the code and hit F9.

Please note:

- All events/times provisional and in local time.

- The inclusion of an event does not necessarily mean that Reuters will file a story based on it MONDAY, APRIL 20 BRUSSELS – Melexis (MLXS.BR) annual shareholders meeting

——————————————————-

FOR FURTHER INFORMATION, PLEASE DOUBLE-CLICK ON THE

FOLLOWING CODES:

[BE/DIA] for the long-term Belgian and Luxembourg diary

[PRESS/BE] for today’s Belgian press digest

UN crime office calls for tougher measures amid economic crisis

Vienna – Countries should do more to combat financial and cyber crime, UN drugs and crime office (UNODC) chief Antonio Maria Costa said Thursday, warning that there were signs of increased crime amid the global economic downturn.

“We can palpably already verify that the economic crisis is causing an additional dose of crime,” Costa told reporters in Vienna.

There were indications that organized crime groups were finding it easier these days to funnel illicit cash into banks, as the banking sector was suffering from liquidity problems, according to the UNODC executive director.

By implementing tough anti-corruption measures, people would find in the future that the financial crisis had a “silver lining,” he said: “It put an end to bank secrecy, tax havens and regulation and compliance failure.”

But rather than looking only at money laundering in the financial sector, authorities should also focus on large-scale money laundering taking place in the construction and restaurant sectors and other industries, Costa said.

He was talking to reporters during a meeting of the UN Commission on Crime Prevention and Criminal Justice.

In addition to tougher financial crime-fighting measures, Costa called for a “badly needed” global convention to fight cyber crime, which involves the internet as a tool for dealing in drugs, people and arms.

In early April, the Group of 20 leading economies agreed to put increased pressure on tax havens to increase financial transparency.

Countries such as Austria, Luxembourg and Switzerland announced already in March they would relax their banking secrecy rules and better comply with international standards on tax evasion probes. (dpa)

EU to examine Germany’s genetically modified corn ban

Prague – The European Commission plans to examine Germany’s move to ban genetically modified maize but is unlikely to pressure Berlin into reversing its decision, EU officials said Wednesday.

Germany on Tuesday joined the ranks of the European Union countries that have banned the MON 810 maize produced by the US biotech firm Monsanto over safety concerns, despite opposition from the European Commission.

“We shall reflect on the issue,” European Commissioner for Environment Stavros Dimas said while attending an informal meeting of EU environment ministers in Prague.

However, the commission was unlikely to force Germany to overturn its ban, as previous efforts in other countries proved unsuccessful, EU officials said.

In March, the EU’s executive failed in a bid to get Austria and Hungary to remove their bans.

An official told reporters that it would be “futile to go against” the latest ban, especially amid adverse public opinion.

Austria, France, Greece, Hungary and Luxembourg have also banned Monsanto’s MON 810 maize, which has been approved for commercial use in the EU since 1998.

Prior to the ban, Germany planned to plant the maize, which has a gene that protects it from a bug, the corn borer, on 3,600 hectares this year. (dpa)

BNP to drop Fortis efforts if next vote is no: CEO

BRUSSELS (Reuters) – BNP Paribas (BNPP.PA) will abandon its attempts to buy the assets of Fortis (FOR.BR) if shareholders of the stricken Dutch-Belgian group reject the latest revised deal this month, BNP’s chief executive said.

“If it’s ‘no,’ the game will be over for us. On this point, I am ready to bet a box of chocolates, Belgian of course,” Baudoin Prot, the CEO of the French bank, was quoted as saying by Belgium’s Le Soir newspaper in comments published on Saturday.

After an 11.2 billion euro ($14.87 billion) cash injection failed to calm investors, Fortis was carved up by the Dutch, Belgian and Luxembourg governments in October.

BNP is poised to buy 75 percent of Fortis Bank in Belgium, which was once the banking arm of listed Fortis Holding but is now in state hands.

Fortis shareholders rejected the previous terms of this deal in February. They are set to vote on a revised plan at meetings scheduled for April 28 and 29.

Under the new terms, Fortis Bank would acquire a 25 percent stake in Fortis Insurance Belgium from Fortis Holding for 1.375 billion euros, with the financing guaranteed by BNP.

This new version would allow Fortis Holding to continue as an insurance company and would lower its exposure to toxic assets.

Shareholder agreement to the revised deal became more likely on Friday, when a Belgian court ruled that all Fortis investors — not just those who held shares when Fortis was broken up in October — may vote in the meetings at the end of April.

Fortis shares, which had previously been regarded as a solid investment, are now little more than a penny stock.

Prot stressed in the interview that, should the buyout go through, the chairman of the board of Fortis Bank would be a Belgian.

“This was not our idea at the start but, after some reflection, we have decided it would be better that way,” Le Soir quoted Prot as saying.

He said BNP had yet to decide who it would name to the post.

“I would like to name a strong Belgian figure, emanating from the business world, who is well familiar with the needs of the Belgian economy,” Le Soir quoted Prot as saying.

(Reporting by Anne Jolis, editing by Anthony Barker)

More and more people opt for peace and quiet over fun and games

Germany – Some holidaymakers want a maximum of fun; they down sangria from 10-litre buckets and party till dawn. But a growing number want the opposite: leisure instead of loud music, relaxation instead of rambunctiousness, and self-discovery instead of swilling.

Many tour operators are offering holidays for people seeking a chance to collect their thoughts and mull over matters they normally have too little time for. Though the circle is still small, “It’s a growing trend in tourism,” noted Professor Martin Lohmann, a tourism expert from the German city of Kiel.

Travellers in this group have varied expectations. Some would simply like time for themselves more than anything.

“After all, time is as much of a luxury for some people nowadays as a marble bathroom is for others,” said Lohmann. These people are not necessary interested in finding answers to life’s fundamental questions.

Others are, however, and also hope that the positive effects of stock-taking and reflection will outlast their holiday. “Some people may very well overestimate the therapeutic effects,” Lohmann said.

In 2003, German trend analyst Matthias Horx predicted the emergence of a new travel destination: Me. “The forecast is coming true,” remarked Susanne Leder, who wrote her doctoral dissertation on “leisure in tourism” and works at the resort region of Muellerthal in Echternach, Luxembourg.

Rather than expeditions to faraway places, “Journeys to one’s self” are gaining in popularity. “Selfness” is the new buzzword for holidays whose focus is on self-discovery, slowing down and inner peace. Leder calls holidays of this kind “leisure tourism,” which includes hiking tours, cabin stays, meditation retreats, desert treks and cloister sojourns.

She said there was a growing need for these types of holidays because of changes in society. Increasing pressure to perform at the workplace has disrupted the balance between tension and relaxation in many people, she remarked.

As Leder sees it, the lack of free time, the hectic pace and the complexity of everyday life have caused people with demanding occupations to be less desirous of variety and entertainment while on holiday.

“On the one hand, people today have a high degree of personal freedom,” said Professor Heinz-Dieter Quack, director of the European Tourism Institute in the German city of Trier. “On the other hand, they’re also personally responsible for many things that once seemed secure, such as providing for their old age.”

Quack said everyday life was overtaxing a lot of people, adding, “It’s getting harder to keep one’s bearings.” And many questions are more pressing now than they were for previous generations, he added: “How would I like to live? How much do I want to work? Should I live with my partner?”

The hectic pace of everyday life often leaves little time to think about these things carefully. So the sole opportunity can be a holiday. Leder said she was certain that the number of leisure holidaymakers was growing.

But they will never become a target group for mass-market tour operators, according to Lohmann. “That would be a contradiction in a way,” he noted

Dungeon dad to be probed over string of unsolved murders

London, Mar 19 (ANI): Dungeon dad Josef Fritzl will be questioned over a string of unsolved murders, as police now want to uncover the details of his evil crimes in the last forty years.

The Austrian engineer is being suspected for at least four murders as well as missing persons’ cases stretching back more than four decades, in which three of the victims were teenage girls.

One of the most striking cases is of Martina Posch, who was 17 when she was raped and strangled on the shores of the Mondsee lake in November 1986.

The girl was strikingly similar to Elisabeth, was a similar age, and her naked body was found close to a guest house which Fritzl and his wife Rosemarie owned and ran at the time.

According to reports, Fritzl’s earliest possible murder victim is Anna Neumayer, 17, who was murdered with a bolt gun in August 1966, and whose body was discovered in a field.

She had disappeared on her way to Wels, less than 20 miles from where Fritzl was working at the time, reports the Telegraph.

The police are also probing possible links with the disappearance of Julia Kuehrer, 16, who was last seen in June 2006 in Pulkau, 60 miles from Fritzl’s home.

And one of his most recent possible victims is Gabriele Superkova, 20, a prostitute who was murdered in August 2007.

Her body was found at the Moldaustausee Lake, near the Austrian-Czech border, at a time when Fritzl was on holiday there.

Now investigators are sure that Fritzl had been a habitual sex offender for more than 30 years before he turned his attentions to his daughter.

Fritzl was convicted of rape in 1967, but was released within a year despite being sentenced to just 18 months.

He later captured his daughter Elisabeth in a purpose-built dungeon beneath his home, and kept her as a sex slave for 24 years.

And after the secret of his “cellar family” was disclosed in April 2008, other women have come forward to say he attacked them.

Fritzl went to frequent trips within Austria and abroad while working as an engineer for several companies, and spent long periods in India and Luxembourg.

He was also a regular sex tourist to Thailand, raising the possibility of other victims scattered around the world.

While Fritzl will be asked to admit to any other rapes and murders he has committed, its quite unlikely that he will give a full confession of the true extent of his abominable crimes. (ANI)

Obama: US seeks aggressive action, mindful of overseas crisis

Washington – The United States will push for aggressive action to halt the global economic slide at an international financial summit next month, President Barack Obama said Wednesday, emphasizing the interconnectedness of the global economy and again warning against protectionist moves.

Ahead of April’s Group of 20 (G20) gathering of the world’s leading economies, Obama acknowledged that developing countries were being “hard hit” by the fallout from an economic crisis that largely began in the United States.

Obama cited the aggressive moves already taken by the United States – including an unprecedented 787-billion-dollar stimulus package – and suggested other countries must do more to halt the slide of their own economies.

“The United States is part of an integrated global economy and so we have to think not only about what’s going on here at home,” Obama said. “We also have to be mindful about what’s going on overseas.”

Obama’s comments came amid a growing rift with the European Union over how to deal with the economic crisis. Luxembourg Prime Minister Jean-Claude Juncker on Monday rejected US pressure on EU governments to inject more funds into their economies.

Obama also said he would use the G20 summit to “make sure also that we are not falling into protectionist patterns” in reaction to the global recession. A number of countries have increased trade barriers in efforts to protect domestic jobs and industries. (dpa)

Western Europe has lowest levels of income inequality, UN says

Western Europe has lowest levels of income inequality, UN saysNew York – Western European cities are the most “egalitarian” in the world, said a new study by United Nations Habitat, which compared levels of income inequality in the world’s largest cities.

Beijing is the “most equal” in Asia, said UN Habitat, a programme to assist governments in improving housing and living conditions in developing countries.

The study, which was released Monday, said that income inequality is relatively low in Denmark, Finland, the Netherlands and Slovenia.

It is also low in Austria, Belgium, France, Germany, Luxembourg, Norway, Sweden and Switzerland.

“Low levels of inequality reflect the performance of national and regional economies in these countries and the regulatory, distributive and redistributive capacity of the national and local welfare states,” the study said.

By contrast, US cities like Atlanta, New York, Miami, New Orleans and Washington DC are marked by high income inequality at the same levels of Abidjan, Nairobi, Buenos Aires and Santiago.

The study said that in Canada and the US, one of the most important factors determining levels of inequality is race. It used a complex method known as the Gini coefficient to measure inequality at the national and city level.

While Asian cities are “the most equal,” the study noted, however, that “there are significant income distribution differences among cities (in Asia), even within the same country, which shows that national aggregates are not necessarily reflected at the local level.”

India is currently going through an inequality trend similar to that of China because of economic liberalization and globalization. Both countries are emerging as economic powers and are the world’s most populous nations, with 1.3 billion and 1.1 billion people respectively. (dpa)